New FHA Policy Provides Foreclosure Alternative on Reverse Mortgages for Surviving Non-Borrowing Spouse

A new policy issued by the Federal Housing Administration (FHA) on Thursday under its Home Equity Conversion Mortgage (HECM) Program will allow reverse mortgage lenders

January 29, 2015 Real Estate

Fitch warns Ocwen-related RMBS deals face major downgrade

Fitch Ratings is sounding the alarm on residential mortgage-backed securities that contain loans serviced by Ocwen Loan Servicing, an affiliate of Ocwen Financial, telling investors

January 29, 2015 Real Estate

Executive Conversation: Milt Shaw on leadership and vendor management

As an AMC, compliance with regulations is a critical component to success. We maintain strong relationships and continuously outperform our competitors. Regulations differ from state

January 28, 2015 Real Estate

DS News Webcast: Tuesday 1/27/2015

Atlanta-based mortgage servicer Ocwen Financial has responded to a Notice of Nonperformance filed on Friday by law firm Gibbs & Bruns on behalf of investors BNY Mellon,

January 27, 2015 Real Estate

United Wholesale Mortgage launches own LOS

As one of the reported top wholesale lenders in the industry, United Wholesale Mortgage took on the challenge of releasing its own loan origination system.

January 26, 2015 Real Estate

Rarity: BofA celebrates new branch opening in Denver

News comes as bank continues to ditch hundreds of branches in many other markets. The bank is also experimenting with simpler “express” branches, those that

January 26, 2015 Real Estate
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